tomo logo

$540,000

Beds
5
Baths
3.5
sq ft
2,210

1290 Shanter Trl SW, Atlanta, GA 30311

1290 Shanter Trl SW

Atlanta, GA 30311

  • 105 days on market
    • Price drop $10,000↓
Stunning Move-In Ready Ranch on Basement in SW Atlanta Perfect for Dual Family Households, In Law's, Entertainers, Investors & More! Featuring Four Sided Brick Exterior, Recently Renovated Modern Kitchen, Fully Updated Bathrooms, Finished In-Law Basement with a Full Kitchen, Bar, Oversized Bedroom, Bathroom, Living Room, Dance Floor, & Karaoke Area. Exterior features Covered Front & Back Porches, a Large Estate Sized Yard & NO HOA!

Details

Property type

Single Family Residence

Est. home value

$354,891

Lot size

0.69 acres

Price per sq ft

$245

Year built

1971

Annual property taxes

$3,410

Price History

07/01/2024
FMLS

FMLS #7395177

Price change
$540,000
-1.82%
05/31/2024
FMLS

FMLS #7395177

Listed
$550,000
+8.91%
04/07/2023
FMLS

FMLS #7163610

Sold
$505,000

Schools & Community

Neighborhood: 

Horseshoe Community

Elementary school: 

L. O. Kimberly

Middle school: 

Ralph Bunche

High school: 

D. M. Therrell

Community features: 

Park

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$16,204
Asking price
$540,000
Closing costs (~8% of asking)
-$43,200
Est. remaining loan balance
-$513,004
Cash to seller
-$16,204

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Newrez

Loan start date

April 2023

Original loan amount

$521,665

Est. remaining balance

$513,004

Interest rate

6.32%

Loan type

VA, 30 year

Seller

Ramsey Sherrie Gilbert and Zedric Ramsey

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
FMLS
$585,000
5 bd
|
4.5 ba
|
3,330 sq ft
|
House

3771 Newhalem St SW, Atlanta, GA 30331

Price drop
FMLS
$459,900
5 bd
|
3 ba
|
2,237 sq ft
|
House

1110 Veltre Cir SW, Atlanta, GA 30311

FMLS
$589,900
5 bd
|
3 ba
|
2,995 sq ft
|
House

2612 Lisa Dr SW, Atlanta, GA 30311

Status: Active

Tomo last checked: 09/13/2024 at 2:50 PM

Listing updated: 09/05/2024 at 11:25 AM

Listed by: Reese Morgan, Keller Williams Realty Community Partners Phone #: (678) 341-7400

MLS: FMLS #7395177

FMLS logo

Recently listed in Atlanta

$325,000|3 bd|1.0 ba|House
$774,900|4 bd|2.0 ba|House
$235,000|2 bd|1.5 ba|Condo
$635,000|4 bd|2.0 ba|House
$129,900|3 bd|1.5 ba|Townhouse
$1,499,000|6 bd|5.0 ba|House
$1,490,000|5 bd|5.0 ba|House